Guotai Junan Securities Co., Ltd. Class H (HK:2611) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Guotai Junan Securities and Haitong Securities are moving forward with their proposed merger and share exchange, having received key regulatory approval from the SFC for Guotai Junan to become a substantial shareholder in Haitong’s subsidiaries. However, additional conditions and approvals are still pending, including anti-trust clearances and shareholder approvals, before the merger and associated share placements can be completed.
For further insights into HK:2611 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Looking Good for 2025,’ Says Investor About Nio Stock
- ‘The Bull Run Isn’t Over,’ Says Top Investor About Palantir Stock
- ‘There’s Hope for the Hopeless,’ Says Investor About Intel Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
